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3:20 PM ET, September 2, 2011


 Top News: 
The Business Insider:
AOL SPOKESMAN: Mike Arrington Is No Longer Employed By This Company*  —  Update: WAIT!  Now AOL Says Mike Arrington Is Still An Employee - In The Business Development Division  —  Earlier: TechCrunch founder and editor Michael Arrington is “not employed by AOL” anymore, AOL Huffington Post spokesperson Mario Ruiz tells us.
Dan Primack / Fortune:
CrunchFund confusion  —  If Michael Arrington is leaving TechCrunch, what does that mean for the investors in CrunchFund?  —  Yesterday we were first to report that tech blogger Michael Arrington has launched a $20 million venture capital fund, which is being backed by AOL (AOL) and a group of Silicon Valley's top VC firms.
Paul Carr / TechCrunch:
The CrunchFund: Actually, Tim, We Don't All Have “Different” Standards  —  Yesterday afternoon, Mike Arrington and AOL CEO Tim Armstrong announced the launch of “the CrunchFund”, a venture fund that will — according to the New York Times — “invest in start-ups, including some that [Arrington] and his staff write about”.
Discussion: FT Tech Hub
Peter Kafka / AllThingsD:
Mike Arrington, AOL Employee, Won't Have “Influence on Coverage,” Says AOL  —  You thought a story about Mike Arrington would be clean and easy?  Ha.  —  So here's the latest (for those just tuning in, we'll do backstory later — who said the inverted triangle was dead?):
Discussion: Mixed Media and The Loop
Dave Winer / Scripting News:
Arrington is the future of what we used to call journalism  —  Interesting but not too surprising how the tech press is spinning the new VC fund being run by Mike Arrington of TechCrunch.  —  There's not any real controversy here, however.  —  1. It's not news.  He's been investing in tech startups for a long time.
Nicholas Carlson / The Business Insider:
AOL Is Replacing Michael Arrington At TechCrunch - He'll Still Write
Dan Primack / Fortune:
Michael Arrington launching venture fund
Josh Halliday / Guardian:
Rupert Murdoch receives $12.5m bonus  —  News Corp chief's total pay package soars 47% to $33m, while his son James lands $6m bonus to hit total of almost $18m  —  Rupert Murdoch, the chairman and chief executive of News Corporation, received a $12.5m (£7.7m) cash bonus for the last financial year …
Felix Gillette / Business Week:
Matthew Freud Will See You Now  —  If the PR whiz can steer himself and his wife, Elisabeth Murdoch, through the News Corp. scandal, he could emerge as a central force in the empire  —  In the night of July 2, Elisabeth Murdoch and her husband, Matthew Freud, threw a party at their country estate on the outskirts of London.
Joel Gunter /
Phone hacking: 34-year-old man arrested  —  Unnamed man arrested by officers from the Met police's Operation Weeting team in connection with phone hacking and perverting the course of justice  —  Today's arrest is the 15th by the Met police's Operation Weeting phone hacking investigation
Discussion: Press Gazette
Jeff Bercovici / Mixed Media:
Jim Breyer Joins News Corp. Board as Tom Perkins Departs  —  Jim Breyer.  Image via CrunchBase  —  Tom Perkins won't be the one who sees to it that all is set to rights at News Corp. The prominent venture capitalist is giving up his seat on the media conglomerate's board of directors after 15 years …
Insight: Murdoch's tough guy Carlucci under pressure  —  (Reuters) - Paul Carlucci's name doesn't appear on any public list of News Corp's power players.  As CEO of News America Marketing and publisher of the New York Post, he is the most influential executive you've never heard of inside Rupert Murdoch's empire.
James Cusick / The Independent:
Gordon Brown issues challenge over Sunday Times recordings  —  Gordon Brown has stepped up his campaign against Rupert Murdoch's News International media group, sending tape recordings to the Metropolitan Police earlier today which he says challenge the Sunday Times's assurances that it broke …
Peter Kafka / AllThingsD:   James Murdoch Turns Down $6 Million Bonus, Citing PhoneGate
Ben Popper / Betabeat:
Fashion Week Flameout: Why the Industry Is Erupting at Tumblr and Rich Tong  —  Earlier this year Tumblr was the toast of fashion week.  The company's fashion director, Rich Tong, negotiated access for influential Tumblr users to cover swanky events.  The bloggers, once the red headed step children …
Ben Popper / Betabeat:
The Legal Risks of Rich Tong's Tumblr Fashion Week Proposal
Discussion: The Corsair
Claire Atkinson / New York Post:
Oprah calls on tech bigs to save Web site  —  Oprah Winfrey is in need of an Internet intervention.  —  The talk show queen plans to huddle with top tech players next week to gin up some ideas for reviving her flagship site,, whose traffic has plummeted since her daytime talk show ended in May, The Post has learned.
Ben Fritz / Company Town:
Netflix offered $300 million-plus, but Starz wanted higher consumer prices  —  Starz didn't just want Netflix to pay more money for its content.  It wanted Netflix consumers to pay more too.  —  Netflix offered Starz more than $300 million per year to renew their agreement …
Shira Ovide / Deal Journal:
Netflix Stock Sinks as Starz Ends Deal Talks
Mathew Ingram / GigaOM:
It's not just nice for media to be social — it's imperative  —  By now, plenty of people have written about the need for traditional media entities to embrace social media as a way to engage with their readers, or what journalism professor Jay Rosen has called “the people formerly known as the audience.”
Rachel McAthy /
Reporters Without Borders suspends WikiLeaks mirror site  —  Press freedom group temporarily suspends mirror site following WikiLeaks' publication of its entire cache of unredacted US embassy cables  —  Press freedom group Reporters Without Borders (RSF) has temporarily suspended …
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 More News: 
Amy Wicks / WWD:
Details Moves into E-Commerce
Discussion: MediaPost
Kat Stoeffel / The New York Observer:
Nylon President Reports to Court This Month for Money Laundering Trial
Cary Spivak / American Journalism Review:
Starting Over  —  With its celebrated founder ousted in the wake …
NPR Topics:
As Media Lines ‘Blur,’ We All Become Editors
Maurice Cherry / 10,000 Words:
What Happens When A City Loses Its Newspaper?
Discussion: Free Press
Felix Salmon:
How journalists deal with economists' ethics
Discussion: Future of Journalism
MediaShift Idea Lab:
Journalists Should Join Google+ to Understand What Comes Next
Discussion: eMedia Vitals
 Earlier Picks: 
West Side Rag:
Sara Horowitz / The Atlantic Online:
The Freelance Surge Is the Industrial Revolution of Our Time
Discussion: GigaOM and Fast Company
Amy Gahran / Knight Digital Media Center All-Site Feed:
Why the “scoop” mentality is bad for news
Ben Elowitz / AllThingsD:
Are You a Media Company or a Technology Company?
Discussion: eMedia Vitals
Paul Balcerak / Lost Remote:
Q&A with Jenni Hogan, Twitter's top local TV journalist
Discussion: TVSpy

From Techmeme:

Lauren Feiner / The Verge:
The House passes a TikTok divestiture bill with a longer sale deadline as part of a package of Ukraine/Israel aid bills, pressuring the Senate to vote on TikTok

Jameson Dow / Electrek:
Tesla cuts the price of its Full Self-Driving software to $8K from $12K in the US, following a price cut from $15K to $12K in September 2023

Gaby Del Valle / The Verge:
President Biden signs the bill reauthorizing FISA's Section 702, extending the controversial warrantless surveillance program through 2026

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